On selling a computer for rupees 24480, a dealer loses 4%. For how much should he sell it to gain 4%.
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Answer:
Let the cost price be x
lose % = 4%of x= 4x/100
Therefore, selling price = x- 4x/100
=100x-4x/100=96x/100
According to the question
96x/100 =Rs 24,480
x = Rs 24,480×100/96
= Rs 25,500
gain %= 4% of 25,500
4×25,500/100
1020
Therefore the selling price =Rs 26,520
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